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TRANSMISSION SLP81
Why Bitcoin’s Security is Fine
with Dan Held
DATE
20 June 2019
DURATION
00:58:05
GUEST
Dan Held
Dan Held, Co-Founder of Interchange rejoins me in this episode to talk about the long term security of Bitcoin as it transitions to transaction fee (away from block subsidy). We discuss whether this will be a problem, or whether Bitcoin will be OK. • Basic statement of the concern • The modelling behind why Dan believes Bitcoin’s security is fine • The increasing ‘weight’ of a bitcoin transaction • How bitcoin usage will evolve in the future • Value of Bitcoin conference reflections e.g. is Proof of Work wasteful or environmentally destructive
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